Gold declines from record high on profit booking, US govt shutdown worries
Gold prices fell ₹643 to ₹1,16,945 per 10 grams in futures trade on Friday, retreating…
Silver, gold may surge next week as Middle East tension intensifies: Analysts
Precious metal prices are likely to see a fiery start to the week when trading resumes on Monday, as investors would rush for safe-haven assets amid global uncertainties following the escalating the Middle East tension, analysts said. President Donald Trump announced “major combat operations” in Iran after Israeli strikes on Tehran. Iranian state media confirmed…
Why the closure of Strait of Hormuz is causing fears about elevating crude oil prices
The story so far: Global oil markets are bracing for a potential upward price shock as trade resumes Monday (March 2, 2026) amidst escalation of hostilities in West Asia, as Israel and its ally United States (U.S.) launched air strikes against Iran on Saturday (February 28, 2026), with Tehran acting in retaliation. More importantly for…
GST mop-up grows 8.1% to over ₹1.83 lakh crore in February
Image used for representational purposes. | Photo Credit: Getty Images/iStockphoto Gross GST collection increased 8.1% to over ₹1.83 lakh crore in February, led by higher growth in revenues from imports. Gross domestic revenue rose 5.3% to about ₹1.36 lakh crore, while gross import revenue climbed 17.2% to ₹47,837 crore. Total refunds were up 10.2% at…
FPIs inflow hit 17-month high at ₹22,615 crore in February
Image used for representational purposes. File | Photo Credit: Reuters Foreign portfolio investors (FPIs) infused ₹22,615 crore into Indian equities, marking the highest monthly inflow in 17 months, driven by the interim India-U.S. trade deal, correction in domestic market valuations and robust third-quarter corporate earnings. The latest buying follows three consecutive months of heavy selling….
Where does the India-U.S. trade deal stand? | Explained
The story so far: February was an eventful month for India-U.S. trade relations. The two countries announced an impending interim agreement on trade, the U.S. Supreme Court overturned President Donald Trump’s tariffs, the Indian negotiating team indefinitely postponed its visit to Washington, and Commerce Minister Piyush Goyal hosted U.S. Commerce Secretary Howard Lutnick in New Delhi. All of this has raised the question: what happens…
GSI to pursue 300 critical mineral exploration projects next year: D-G Saha
Source: Special Arrangement. The Geological Survey of India (GSI) has plans to pursue approximately 300 projects for exploration of critical minerals in the upcoming field season, said Director General Asit Saha. “We will be increasing the number of critical mineral exploration projects from 236 in the current field season to 300 in the next field…
Volatile prices, high inflows take toll on gold, silver ETFs return
The recent volatile bullion prices coupled with market inefficiencies and increased inflows have taken a toll on tracking error and total expense ratio (TER) in gold and silver exchange traded funds. Tracking error in ETFs is a crucial performance metric measuring the difference between an ETF return and its benchmark index return. A higher tracking…
‘Investment demand for gold to continue, balancing gold demand’
Even as gold prices go beyond the reach of the commoners, experts said the yellow metal remains a good investment with potential to move higher in the future. In the session Precious Metals: Beyond Aam Aadmi’s Reach, experts concurred that they do not see any immediate relief in the volatility of gold prices unless global…
Budget a roadmap to prosperity, not short-term trading document: PM Modi
Downplaying the stock market slide on 1 February after the FY27 budget presentation, Prime Minister Narendra Modi on Friday said that the Union budget is a policy roadmap, not a short-term trading document. Speaking at a post-budget webinar, Modi said budget reforms and allocations must be seen as a part of a long journey. “Often,…
Rupee falls 8 paise to settle at 90.99 against U.S. dollar
At the interbank foreign exchange, the rupee opened at 90.91 and moved in a narrow range of 90.91-91.06 before settling at 90.99 (provisional), down 8 paise from its previous close. Image for representative purposes only. File | Photo Credit: Reuters The rupee declined 8 paise to settle at 90.99 (provisional) against the U.S. dollar on…
